Coin of the Day
Staying organized can save your money.

(CRYPTO: ESS) There's a very important truism in cryptocurrency: if you don't stay organized, you'll probably lose your keys and your money. It's no wonder Essentia has popped up. The service organizes your passwords and online identities, helping you see the personal data organizations owns about you. Yeah, a bit creepy, but surprisingly helpful. Your encrypted info is put in a decentralized storage system, which seems a lot safer than putting your info down on a word document on your computer. Perhaps the biggest draw of all? Essentia also has a place to organize your crypto wallets and make trades within their Essentia Multicurrency Asset Management.

We are here for moral support: yes, the market looks pretty bad (the DOW looks way worse, believe it or not). It's probably going to get a little worse. But it's not over...and it's time to take a long-term view.

We want to give you a hug after you've looked at your portfolio. While some outlets say the price floor is as low as $5,000, our own sources say it may hit $2,000 before bouncing back. Sorry. Yes, you're probably down 300% from 2017. So are we. The market dip is pretty freakin' bad, and is mimicking 2014's dip; the whole market is down 65% since December amidst reports of China going nuclear on crypto. All access to international crypto exchanges are now banned and the government is using the Great Firewall to block anyone within the country from viewing anything crypto-related (ICOs, exchanges, advertisements, etc.) We want to remind you that this isn't stopping Chinese traders from finding alternative methods of getting their token fix – they'll just be lying low in the interim.

Also yes, you read that right, the DOW is actually performing much worse than Bitcoin right now. Crazy, right? Mainstream media doesn't want to call it a stock market crash (even though falling over 1,000 points for the first time in history definitely qualifies as something), but things are still looking up around the world. Italy has outlined the rules that crypto-based businesses have to be established under and how they report their earnings (that's a win). Bittrex is adding requirements for new users that'll help onboard informed investors and is incorporating the very sexy allure of USD trading. Things are looking up, believe it or not.

Even though the FUD is real, institutional investors have a longer-term bullish view of the industry and are putting some real money in. Yes, you read that right.

You may recall that little price prediction that may have momentarily helped the market – former Facebook product manager Anthony Pompliano, said Bitcoin will hit $50,000 in 2018. He now works at Full Tilt Capital, where they're putting their next $25 million into crypto. He reminded Business Insider that market swings happen much faster based on international news. Uphold's chief revenue officer is bullish on both crypto and blockchain because the tech justifies the use of tokens and actually proves their value. Also, this may be a news flash, but true Bitcoin/altcoin hodlers are loving FUD the internet and investors are showing.

Call me crazy, but these bear markets are becoming my favorite part. Watching adults bicker and yell at each other in a panic out of fear and insecurity while the HODLers, builders, believers and doers lock arms and continue to push for the greater vision. It’s a beautiful thing.